Press Releases
For press inquiries, contact us at FIAPR@fia.org or +1 202.772.3032
-
FIA issues recommendations for strengthening cyber resilience
FIA today released a report that contains lessons learned from a recent cyber incident and sets out six recommendations for improving the derivatives industry's ability to withstand future attacks.
CONTINUE READING -
FIA highlights best practices for exchange volatility control mechanisms in new report
FIA has released a comprehensive paper, "Best Practices for Exchange Volatility Control Mechanisms," which provides essential guidance for designing robust Volatility Control Mechanisms (VCMs) at derivatives exchanges.
CONTINUE READING -
FIA announces 10 startups selected for 2023 Innovators Pavilion
The companies will exhibit in the 2023 Innovators Pavilion, FIA's annual showcase for fintech startups relevant to derivatives trading and clearing. The Pavilion will take place during FIA’s Futures and Options Expo on 2-3 October in Chicago. The startups were selected by an independent committee of industry experts drawn from FIA member firms as well as venture capital firms focused on capital markets.
CONTINUE READING -
FIA signs letter to SEC on negative impacts of Safeguarding Advisory Client Assets proposal
FIA has joined with a diverse set of trade associations – 26 in total – in sending a letter to US Securities and Exchange Commission Chair Gary Gensler urging the SEC not to adopt the Safeguarding Advisory Client Assets proposed rule in its current form.
CONTINUE READING -
Trade associations call for deletion of active account proposal
FIA and ten other trade associations have urged EU policymakers to delete the Active Account Requirement proposed in EMIR 3.0. The associations, which represent European end users of derivatives along with providers of clearing services, highlight the detrimental implications of the proposed requirement on EU capital markets, including fragmentation, loss of netting benefits, and making the EU less resilient to market stresses with no benefit to EU financial stability.
CONTINUE READING -
FIA and ISDA respond to SEC consultation on clearing agency recovery and wind-down plans
The Futures Industry Association (FIA) along with the International Swaps and Derivatives Association (ISDA) has submitted comments on the Security Exchange Commission's (SEC) proposed rulemaking regarding Clearing Agency Resilience and Recovery and Wind-Down Plans.
CONTINUE READING -
FIA responds to LME rulebook consultation
FIA has issued its response to the LME consultation on initial action plan proposals and proposed miscellaneous amendments to the LME rulebook and LME Clear rulebook. While FIA generally supports the proposed changes, it highlighted that some LME Rulebook changes could pose legal challenges and raise concern regarding confidentiality treatment. FIA recommends further clarifications and consistency of approach with other exchanges.
CONTINUE READING -
FIA welcomes EU-UK MoU on regulatory cooperation in financial services
"Cleared derivatives markets are truly global and know no boundaries, so FIA is pleased to see this MoU as a tangible sign of the commitment between the EU and UK to work together and usher in a renewed era of cooperation," said FIA President and CEO Walt Lukken.
CONTINUE READING -
'Trust is foundational to open and accessible markets'
Opening remarks of Walt Lukken, President and CEO of FIA, at the International Derivatitves Expo in London on 20 June 2023.
CONTINUE READING -
DMIST Publishes Trade Allocations Standard and Launches Consultation on Average Pricing
FIA and DMIST, the Derivatives Market Institute for Standards, jointly announce the publication of the Final Standard for the Timeliness of Trade Give-Ups and Allocations. The two organizations also released a consultation paper on Average Pricing.
CONTINUE READING
